DriverUp is a new online marketplace for automotive financing that lets investors - who previously did not have access - to directly participate in the growing, higher-yield business of auto lending and provides dealers with a streamlined credit application that speeds loans and moves cars. DriverUp's proprietary technology platform makes processing and buying loans quicker and easier. Rely on DriverUp's industry stature - more than 100 years of collective experience in automotive and consumer finance - for a direct connection to the business.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/23/15 | $50,000,000 | Series A |
Emerald Development Managers RRE Ventures | undisclosed |